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Market reaction after the controversy with $LIBRA: “The first impact is negative”

Summary by KRDO
CNN Radio Argentina (CNN Radio Argentina) - Economist Iván Carrino analyzed this Tuesday on CNN Radio the reaction of the markets following the controversy generated by the recommendation of President Javier Milei on the cryptocurrency $LIBRA. In a conversation with Mariana Arias and Pepe Gil Vidal on CNN Return, the specialist argued that the movements of financial variables reflect an initial impact of uncertainty, although with some recovery.…

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CNN Radio Argentina (CNN Radio Argentina) - Economist Iván Carrino analyzed this Tuesday on CNN Radio the reaction of the markets following the controversy generated by the recommendation of President Javier Milei on the cryptocurrency $LIBRA. In a conversation with Mariana Arias and Pepe Gil Vidal on CNN Return, the specialist argued that the movements of financial variables reflect an initial impact of uncertainty, although with some recovery.…

·Colorado Springs, United States
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The scandal with the cryptocurrency $Libra that Javier Milei has in the center of the scene raises many questions. The first is what happened, who are behind this cryptocurrency that the president promoted on his social networks and that triggered a controversy that reached the international newspapers all over the world and even provoked a complaint by the United States. But that question generates others: Can this controversy damage the credib…

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Today the markets reacted negatively to the “affaire Libra”, for which President Javier Milei went out to promote an unknown token that resulted in billionaire losses for those who bet their investments. The shares of the S&P Merval sank up to 8.1% -one of the biggest falls in a year- and the bonds in dollars yielded up to 3.3%. [...] The post Bad reaction of the markets to the Criptogate $LIBRA and unrest among the operators appeared first on p…

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The market carries or operates with losses of 4%. The bonds also recede.

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The porteño market operates with losses of 4%. The bonds also recede. The shares of the S&P Merval fall almost 4% on the first day of operations after the scandal with the token $Libra starred by the president Javier Milei. Meanwhile, in the local quotation, the bonds in dollars are sinking more than 4%. The shares that lead the falls are BBAR cutting more than 10%. It follows the Galicia Financial Group with -9% and Edenor with -8%. The bonds i…

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The market marks strong falls after the crisis broke out in the government for the $LIBRA case. The entry Falls the Porteña Stock Exchange and raises the dollar after the cryptogate was first published in #BorderJournalism.

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El Intransigente broke the news in on Monday, February 17, 2025.
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